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City of Yes Passes by a Vote of 31 - 20

Stephen Ross, REBNY Members & the Adams Family Won & NYC Lost

December 6, 2024 / NYC Real Estate & Business / NYC Government & Politics / City of Yes Special Section / News Analysis & Opinion / Gotham Buzz.

The City of Yes for Housing Opportunities bill passed yesterday afternoon / evening in the City Council Chambers at City Hall. The City of Yes or NYC Municipal Legislative Bill - L.U. 181 & Res 689 - App. N 240290 ZRY (City of Yes Zoning for Housing Opportunity) amendment of the Zoning Resolution of the City of New York, modifying multiple Sections to expand opportunities for housing within all zoning districts, Citywide. *

The photo snapshot at right shows the NYC Council voting on the City of Yes.

City of Yes [Wo]Men - Roll Call Vote Tally 31-20

Voting For the City of Yes Members. Carlina Rivera District 2, Eric Bottcher District 3, Keith Powers District 4, Julie Menin District 5, Gale Brewer M District 6, Shaun Abreu District 7, Diana Ayala District 8, Yusef Salaam M District 9, Carmen De La Rosa M District 10, Kevin Riley Bx District 12, Pierina Ana Sanchez District 14, Oswald Feliz District 15, Althea Stevens District 16, Rafael Salamanca Bx District 17, Amanda Farias District 18, Francisco Moya Q District 21, Tiffany Caban Q District 22, Shekar Krishnan Q District 25, Julie Won Q District 26, Nantasha Williams Q District 27, Speaker Adrienne Adams Q District 28, Selvena N. Brooks-Powers Q District 31, Lincoln Restler District 33, Jennifer Gutierrez District 34, Crystal Hudson District 35, Chi Osse District 36, Sandy Nurse District 37, Alexa Aviles District 38, Shahana Hanif District 39, Rita Joseph District 40, Justin Brannan Bk District 47.

Pay attention to the delineation of NYC Council members by the boroughs noted above by letters. Speaker Adrienne Adams delivered enough Queens council member votes (7) in favor of the legislation, which had they voted as their Community Boards did, would have killed the City of Yes bill.

Did Adrienne Adams and these NYC Council members betray the people of Queens they were elected to represent? Well, if so, keep in mind they are up for re-election in June 2025. So please educate yourself, fact check the statements made herein by using the power of the internet, and then after you've done enough research to know what's true, start spreading the news and get behind people who will represent you, the voters, not the big money that funded their campaigns.

Voting in the Negative. Joann Ariola District 32, Chris Banks District 42, Joseph C. Borelli District 51, David Carr District 50, Eric Dinowitz District 11, James Gennaro District 24, Kamillah Hanks District 49, Robert Holden District 30, Linda Lee District 23, Farah N. Louis District 45, Kristy Marmorato District 13, Christopher Marte District 1, Diane Mealy District 41, Mercedes Narcisse District 46, Vickie Paladino District 19, Lynn Schulman District 29, Sandra Ung District 20, Inna Vernikov District 48, Kalmar Yeger District 44, Susan Zhuang District 43.

We will keep this roll call of the vote on our site indefinitely in the City of Yes Special Report Section, because you, the voters, can use it as one benchmark vote, that helps you understand who is representing you, and how they are representing you. This becomes particularly important as there is the Democratic Primary in June 24, 2025 and the general election is November 4, 2025. Almost all of the elections are decided in the June primary because 56% of NYC is Democratic and only 26% is Republican. The remaining 18% are independent.

* Editor's Note.  The summary of the bill leaves out the part about the NYC Council members forfeiting their power, and because they represent us, they are forfeiting our power and legal rights to weigh in on new developments in our neighborhoods.  The summary also leaves out the part where by rushed passage of the 1,388 bill, the real estate developers and international investors can harvest a huge amount of tax abatements for 'affordable housing' that would be 'affordable' to individuals making up to $141,000 and a family of three making up to $183,00 per year or making rental payments of $4575 per month.  And the summary leaves out the part about the negotiated deal, wherein how Eric Adams is going to miraculously fund the $4 billion, that magically appeared just by Eric Adams promising it, after Eric Adams tried to cut $100 million from the budgets of public schools in January 2024 and cut $22 million from the budget for public libraries as recently as November 2023.  Adams promise of $4 billion is just that, and only that - a promise - as it is NOT IN THE BUDGET. And we all know the value of a politician's promise, especially when it's made by someone like Eric Adams, who has a documented history of lying, and is managing a tight budget that doesn't have $4 billion of funding lying around. He's going to have to take that funding from other places like public schools, public libraries and the NYPD.

SHORTS GB COY

Stats & Facts Missing in the City of Yes Proposal

Have Mayor Adams & Daniel Garodnick been Selling Us 108,000 Units of Hooey?

November 12, 2024 / NYC Government & Politics / NYC Real Estate & Business / News & Analysis / Gotham Buzz NYC.

Adams Administration Fails to Provide Straight Answers Two Very Specific & Very Basic Questions - 1) How Many Affordable Housing Units Guaranteed by Passage of this Legislation & 2) a) What Size Units, b) at What 'Affordable' Price and c) in What Borough?

What 'Affordable' Housing Guarantees? It is being sold as a cure-all for NYC's housing crisis, yet when I asked the Adams Administration Department of Planning how many units of affordable housing would we be guaranteed by passage of this legislation, the answer that came back to me was a long-winded form of 'none'.

I'll say this again - No 'affordable' housing units are guaranteed by passage of the City of Yes legislation.

What Size Apartment, at What Price & in What Borough? When I asked the Adams Administration's Department of City Planning to provide me with details of how many units of affordable housing would be built, at what 'affordable' price, for what size apartment, and in what borough - I again received another round-about answer via a link they sent me, to one of their selling pitches on a website, where I found no specifics related to the question above.

Let me say this again - No description of what sized units, at what 'affordable' price and in what borough. I found this hard to believe, since for the past year Mayor Adams and Daniel Garodnick of the Department of City Planning have been publicly selling this legislation, by promising it will result in over 108,000 new units of 'affordable' housing being built.

My papa once told me, "No proof. No sale."

Or as the 1980's Reagan commercial asked, "where's the beef?". In this case 'beef' = 'affordable housing'.

SHORTS GB

Squeaky Chairs And Stubborn Hearts: The City Of Yes Hearing

November 11, 2024 / Delayed Post from October 24, 2024 / NYC Government & Politics / NYC Real Estate & Business / News & Analysis / Gotham Buzz NYC. By Layla Law-Gisiko, President of the City Club of New York.

Another epic hearing wrapped up Tuesday evening [10.22.24], a few minutes short of midnight. This was the grand finale of public hearings on the City of Yes for Housing Opportunity. At 9:37 AM, Council Member Kevin Riley, chair of the Subcommittee on Zoning and Variances, called the hearing to order. He solemnly announced that over 600 people had registered to speak.

In the course of the long day, approximately 320 people spoke. Though the split between supporters and opponents was fairly even, the strong presence of special interests and developers highlighted that most regular New Yorkers opposed the proposal.

When the doors of the City Council chamber opened at 9 AM, the room quickly filled, as the public bravely endured the torment of those infamous plastic squeaky chairs—perfectly designed to make you question all your life choices.

They could have enjoyed glorious fall weather and comfortable seating, but New Yorkers took time off their busy schedules to speak up. Renters, homeowners, public housing tenants, and SRO residents—New Yorkers from all walks of life and from all boroughs— voiced their fears about why they believe the plan will fall short of its promises and will hurt them. Overall, the mood was serious, and at times even anxious. New Yorkers expressed fear of displacement and gentrification, fear of a city ever more driven by real estate profit, fear of deregulation in the name of a laudable goal that many fear the proposal will never reach.

The chamber was full of public members, and sparse with council members. Council members came and went in a calm ebb and flow. The few who managed to stick around for most of the day included Council Members Marte, Brewer, Narcisse, Joseph, Osse, and Abreu, proving that endurance isn’t just for runners. And the marathon champion title went to the ever-calm Chair Kevin Riley, who somehow managed to steer a 14-hour hearing without losing his cool—or his sense of humor.

The City Club of New York voiced its opposition to the text as currently drafted. https://www.youtube.com/live/9E4Q2P6OyRY?t=10223s

We reminded Council members, with unwavering firmness, that the intricacies of housing economics defy simplistic solutions; research shows that mere supply does not mend the rift of affordability.

Council Member Brewer challenged the supply/demand dogma, asking: “I want affordable housing. We got the schools we got the transportation and I'm just tired of been told over and over again just market [rate housing], because I'm all for rezoning. I've been doing this for a long time, I got the rezoning but why are we doing it if we're not getting to the affordable housing.”

The City Council will accept written testimony until end of day Friday [10.25.24]. It can be sent to landusetestimony@council.nyc.gov

Now, the negotiations begin. There is no deadline to write or call your council member.  The City Council is expected to vote in mid-November.

To learn more about City of Yes, watch our webinar with Council Member Chris Marte. https://www.youtube.com/watch?v=-z1WFQ25RNU

The "City of Yes for Housing Opportunity" is the Adams Administration zoning proposal aimed at increasing the housing supply by easing rules on development and encouraging new construction, all over New York City. The initiative seeks to address the city's ongoing housing shortage, making it easier to build a wider variety of housing
types, such as smaller units and mixed-use buildings, with the hope of accommodating more residents. While supporters argue that the plan is necessary to increase the overall housing stock and help alleviate the affordability crisis, critics are concerned that the proposal doesn't sufficiently guarantee affordable units and may lead to unchecked development, displacement, destruction of historic buildings and strain on infrastructure in certain neighborhoods. The proposal emphasizes the city's push for a more flexible zoning framework but has sparked debate about the best approach to balance growth with affordability and quality of life.

This report was written and contributed by Layla Law-Gisiko who is the President of the City Club of New York, which is a non-profit civic organization that evolved out of a social club, founded decades ago.

Editor's Note. We're publishing this two and a half weeks after the fact, as the 2024 federal elections consumed our time and attention. But it has come time again to refocus our attention on one of the most important legislative efforts in decades, which is working its way through the NYC Council, in what appears to be a major effort by international investors, developers and billionaires - aided and abetted by Mayor Adams and the Department of City Planning - to strip away a lot of local voters' rights to make meaningful comments about any new real estate developments or major construction efforts proposed in ALL NYC neighborhoods. The bill is expected to come up for a vote before the end of the year, and possibly as soon as this month.

Election Day 2024 is Here - Please Vote

Tuesday, November 5, 2024 from 6 am to 9 pm - Election / Voting - please do your civic duty and go vote. For details see - https://www.nycvotes.org.

UPDATED SHORT - TBD COY SERIES & SHORTS

Watch Live Today, All Day -

City of Yes Complete Overhaul of NYC Zoning Laws

The Last NY City Council Hearing is Today, Tuesday, October 22, 2024 - Watch Live Using Link Below

Updated October 22, 2024 vs 10.21.24 / NYC Real Estate & Business / NYC Government & Politics / Gotham Buzz.

This notice was provided by the City Club of NY tonight.

The City Council will hold the only public hearing session tomorrow, Tuesday, October 22nd, 2024, starting at 9.30am. 

Register to Testify -

https://cityclubny.us21.list-manage.com/track/click?u=7bd5efc173c501c8faae47a24&id=8fc1b55022&e=6574cfcca0
 
Watch the Livestream Tuesday: https://council.nyc.gov/livestream/ -

https://cityclubny.us21.list-manage.com/track/click?u=7bd5efc173c501c8faae47a24&id=f0c159f562&e=6574cfcca0

If the NY City Council site video doesn't work - use this link to go directly to Youtube

City of Yes on Youtube - https://www.youtube.com/watch?v=9E4Q2P6OyRY

Written Testimony accepted for 72 hours
after the hearing via email at this address - landusetestimony@council.nyc.gov - mailto:landusetestimony@council.nyc.gov

If Mayor Adams is So Concerned about Affordable Housing then Why Have ...

The Number of Vacant NYCHA Units Risen from 450 to 5,000 in the Past 2 Years?

Updated October 21, 2024 vs 10.20.24 / NYC Government & Politics / DRAFT - News Analysis & Opinion / Gotham Buzz NYC.

And why is the Mayor mortgaging NYCHA's future, by selling off the development rights, instead of using them to build more affordable housing? There have been a number of changes taking place at NYCHA, some with short term benefits, but those seems to be offset by huge long term losses. It's a bit like selling your home - you get some cash up front, but eventually you're homeless.

And why is he not penalizing the landlords of rent stabilized housing who are holding tens of thousands of units vacant? That could be done by limiting all price increases in those buildings to zero, and / or by imposing a vacancy fee on landlords who have held any rent stabilized units vacant for longer than six months without good cause.

Affordable Housing Shortage or Available Housing Shortage?

We don't have as much of a housing shortage as the Mayor and the Real Estate Developers and Billionaire Investors would like us to believe. They are creating the affordable housing crisis so they can extract more wealth from the electorate with the help of politicians like the Mayor, and ratchet up their profits even more than they already have.

Why doesn't the City Council & Mayor Place a Tax on Vacant Apartments?

Make it a big tax - particularly on any rent stabilized properties - because the property owners are millionaires and billionaires. A tax such as this would increase city revenue, and if steep enough, possibly solve some portion of NYC's affordable housing crisis.

Whose Puppet is Mayor Adams?

The Mayor says he's not the puppet of Govenor Hochul, but is he the puppet of the real estate industry and the billionaire real estate investors?

More coming later.

UPDATED SHORT - TBD COY SERIES & SHORTS

Hearings Next Week on Billionaires' & Developers' City of Yes Power Grab

NY City Council to Hold Open Hearings & Take Public Comment

October 15, 2024 / NYC Government & Politics / NYC Real Estate & Business / News Analysis & Opinion / Gotham Buzz.

• Upcoming - Monday & Tuesday, October 21 & 22, 2024 - NY City Council Hearings / Public Comment Period on the City of Yes Zoning Changes Legislation. If you care about this city, this is legislation you'll want to pay attention to as Mayor Adams is pushing a biillionaire real estate and investor power grab agenda, that takes away power from local communities and transfers it to the Mayor's Office, wealthy real estate developers and international investors.
  • To pay attention and get involved see - NY City Council Land Use Public Hearings / Public Meetings October 21 & 22, 2024 - https://council.nyc.gov/land-use/
  • Click here to view our City of Yes Zoning Law Changes NYC Special Report Series

You can get involved, and stop the billionaires and wealthy real estate developers from wresting power away from the people.  They have been aided and abetted by the candidate they funded for Mayor - Eric Adams. Adams has been selling this legislation as the Cure All for - not the housing crisis in NYC - but the affordable housing crisis in NYC.

There aren't any 'guarantees' that even a single unit of truly affordable housing will be built because of the City of Yes legislation [I hope to publish more about this soon]. The Adams Administration's promise of more affordable housing is all based on huge government funded incentives and give aways, which are compensated for by either your tax dollars, or by reduced funding of your government services, so the real estate developers and international investors can increase their profit margins.

Next week the NY City Council takes up the matter and they are hosting two days of hearings [see details above].  A couple of activist groups are working to get people involved to stop the NY City Council from passing it or completely rework it, as only 12 of 59 Community Boards favor it. 

But that doesn't matter when the billionaires and wealthy real estate developers are backing the City of Yes proposal, because they helped fund many NY City Council members' campaigns too. So those NY City Council members who were funded in part by wealthy real estate developers will have to choose between voting in favor of those who helped fund their campaigns, or in favor of the people who actually went out and voted for them.

Community Groups Urge People to Participate in Our Democracy, or Risk Losing More of our Power to Wealthy Developers & International Billionaire Investors

So one community group launched a letter writing campaign, while the other is holding a Zoom conference call on the eve of one of the hearing dates.

• Village Preservation Society Organized Online / Letter Writing Campaign.  To learn more about / participate in the letter campaign made easy, click - City of Yes Letter Writing Campaign - https://www.villagepreservation.org/campaign-update/mayor-adams-city-of-yes-plan-to-get-city-council-public-hearing-tuesday-october-22-send-letters-now/

• City Club Organized Zoom Conference Call Prior to the Hearings.  To learn more about the Zoom Conference Call - which is free but for which you must register - click - City of Yes Zoom Conference Call Registration - https://us06web.zoom.us/webinar/register/8017289520592/WN_r7SQ-9iWQoC3KA3lPzHLvg#/registration

A government of, for and by the people only works if the people pay attention to what their representatives do after they've been elected. 'We The People' must then exercise our power when it matters most, which means before - not after - that power is legally taken away from us by a coalition of the rich and powerful and less-than-honorable politicians. And that is exactly what the City of Yes will do - if it is passed.

• To read our ongoing report series covering this important issue, click City of Yes NYC - Adams Rezoning of NYC for Billionaires, Wealthy Real Estate Developers and International Investors.

THESE ARE POSSIBLE LINKS ON GOTHAM BUZZ ET AL

But probably not.

SHORT - GOTHAM BUZZ ONLY

President Biden, Please Use Your Hearing Aid

It Will Help You - Not Hurt You

July 3, 2024 / National Politics / News Analysis & Opinion / Gotham Buzz NYC.

Everyone already knows that President Biden is old.  What he needs to demonstrate - is that he's still alert. And not wearing his hearing aid hurts him - not helps him - in that regard.

According to the National Institute on Deafness and Other Communication Disorders (NIDCD), a division of the National Institute of Health, approximately 29 million of the 258 million U.S. adults, would benefit from using a hearing aid. That's 11 out of 100 adults. And based on what I've heard and read, you, President Biden, are among those who should be wearing a hearing aid.

I think President Biden should also make a point of telling the American people that he's handicapped with a speech impediment, a stutter, which makes him a terrible debater. This is something he has repeatedly proven in every debate he's ever been in, throughout his entire life. A video or commercial with outtakes of flubbed Biden debates when he was younger man, might be a useful visual aid in making that case.

What I don't fully understand is why the TV and news celebrities don't pay attention to, and report these things [the speech impediment and hearing aid]. These critical fact omissions should be of great concern to all Americans, because significant fact omissions impact people's perceptions and distort reality. Perhaps it's because the TV and news celebrities are too busy pushing their own ratings-revenue-driven agendas, instead of informing their audiences. Rupert Murdoch seems to have done this with Fox News since its inception, and CBS's Leslie Moonves told us he did this in 2016 - by essentially providing shock jock candidate Donald Trump with an open mic during the 2016 campaign - because it was good for ratings - not the American people. Two years later, in 2018, CBS fired Moonves - but not for his failure to abide by American Journalistic principles.

So, Mr. President, please put aside your vanity, and ignore all of the TV celebrity and Trump distortions that will ensue, about why you're wearing a hearing aid, and get back in the race.

Thank you.

TXT only

BK

Saying No to the City of Yes

City of Yes is ...

• An Attempt to Overcome NIMBY [Not in My Back Yard] in Favor of YIMBY [Yes in My Back Yard]

• Yes to the Billionaires & Developers Who Created the Plan

• No to the New York City Residents Who Already Live & Work Here

May 15, 2024 / City of Yes Special Report Series / NYC Real Estate & Business / NYC Government Media & Politics / News Analysis & Opinion / Gotham Buzz NYC.

Since the beginning of the new year I've attended over a half dozen different lectures, presentations and community discussions, about the City of Yes and related topics. Two of them were presentations given by the NYC Planning Department who are selling the plan, one by the Federal Reserve which took a stance that leaned pro business but did not ignore the possible destructive ramifications of passing the legislation, one by a community activist group in Brooklyn, another by a Community Board in Manhattan, and two others by a civic group, also in Manhattan.

I tried to keep an open mind about the pros and cons of the legislation, but I couldn't help but begin forming opinions about the proposed legislation, as I collected, sorted and analyzed the legislation and information surrounding it. Over time, the ramifications of actually passing this legislation have begun to appear.

The Mayor's Rationale for Pushing Legislation Created by and for the Billionaires & International Real Estate Development Community

The legislation was concocted by billionaires, real estate developers and the NYC Planning Department, headed by Daniel Garodnick. As such, it reflects their interests, and seems to almost completely ignore the interests of the communities that the NYC government is supposed to be serving.

The Mayor has been pushing the City of Yes, because he believes it will eliminate the 'Not in My Back Yard aka NIMBY' that many infrastructure projects [including affordable housing] encounter when the government or real estate developers are trying to foist them on a community. Hence this would have the effect of enabling projects to move more quickly from conception to fruition, and at a lower cost to the government, billionaire or real estate developer pushing the project. The Mayor also believes that this will enable the creation of more affordable housing.

It might enable the creation of more affordable housing, and it might not. It could just enhance the bottom lines of the billionaires and developers pushing the plan, which in my mind is the more likely scenario.

The Downside of Passing Legislation that Usurps the Power of the People

But, more importantly, it would usurp the power that the people living in these communities currently have, to voice their concerns about new construction projects like affordable housing, commercial buildings or transit, being built within their neighborhoods. While I appreciate the Mayor's interest in reducing the time and cost of getting things built - like affordable housing - I don't think that taking away the power a community has over what is developed within their midst, is the right way to go about changing things. And perhaps even more importantly, I think any time you're transferring power from the little people to the rich and mighty, you're moving power in the wrong direction.

City Club of NY - ReThinking the Housing Crisis

So, with this in mind, I'm going to take you into a Zoom conference hosted by the City Club of New York which was entitled ReThinking the Housing Crisis, held on May 7, 2024. While not specifically about the City of Yes, it provides some contextual background which should help in evaluating it. And later this month we'll also have a report on the Federal Reserve's April 25, 2024 conference entitled 'Fostering Neighborhoods: Faith-Based Organizations and the Development of Affordable Housing' which was largely about the proposed City of Yes legislation. At that conference there were several speakers who promoted the legislation, but not without reservations, both of which we'll include in our report.

• We'll have more to report later on ReThinking the Housing Crisis [2nd part of GB 531].

*** THERE'S SOME DUPLICATION IN INFO BELOW. CLEAN UP AS TIME PERMITS ***

Biden / Election

Election Day 2024 is Here - Please Vote

Tuesday, November 5, 2024 from 6 am to 9 pm - Election / Voting - please do your civic duty and go vote. For details see - https://www.nycvotes.org.

SHORT QB+ - BIZ

Get it While it's 'Hot' - 'Affordable Housing' Lottery in LIC

150 'Affordable Housing' Units Available for Folks w/ Incomes of 'Only' $99K to $250K

October 23, 2024 / NYC Neighborhoods / NYC Real Estate & Business / Gotham Buzz NYC.

'Better hurry' to participate in this 'affordable housing' lottery for apartments in the Jasper at 49-20 5th Street in Long Island City, Queens. Studios are renting for the 'low, low price' of $2,900 per month and two bedroom apartments are a 'steal' at only $4,400 per month.

To qualify you 'only' need to be earning between $99,000 and $250,000 per year. These annual incomes, which are an eligibility requirement, are only 'slightly' higher [+50% to +291%] than the median NYC salary of $64,000 per year.

But don't worrry, if you miss this 'great' opportunity for 'affordable housing', because the real estate developers, real estate investors, billionaires, property owners and Mayor Adams, are pushing hard to get through the City of Yes Zoning Law changes, which will provide huge tax breaks to investors, billionaires and real estate developers to make even more of this kind of 'affordable housing' available all over NYC.

Isn't that 'exciting'? It looks like more 'affordable housing' is finally on its way ...

See related stories below and in our City of Yes Special Report section on Gotham Buzz.

And you still have time to be heard by the NY City Council regarding your opinion of the City of Yes. Written Testimony is accepted for 72 hours after the hearing that was held Tuesday 10.22.24. Use this email address to send them your opinions - landusetestimony@council.nyc.gov - mailto:landusetestimony@council.nyc.gov. I believe the comment period expires at the close of business on Friday 10.25.24.

SHORT GB+ - BIZ & US / UN

The 1st Trump Presidency Deficits Cost Each American Household $62,000

Trump Talks about how Great the Economy was While he was President

What he and Network TV Nothingness News don't talk about, are the Deficits he Incurred to Fuel Spending

October 22, 2024 / Government & Politics / News Analysis & Opinion / Gotham Buzz NYC.

The graphic at right shows your household share of the debt racked up by the federal government while Trump and the Republicans were in charge.

Trump Breaks Record for the Greatest Deficits in American History

Donald Trump keeps heralding the economy during his presidency 2016 - 2020, but what he doesn't talk about is how he put each household in America on the hook for $62,000 within just four years, or $23,188 per person. We know the Billionaires received that and then some via the 2017 tax cut, but most of the rest of us received pennies on the dollar - at best.

So why haven't the TV Networks newspeople talked about this or questioned Trump or Vance about this? Trump and Vance are both Republicans, and much of this debt was incurred while Republicans also controlled both the Senate and House. The Trump presidency $8 trillion deficit incurred within four years, was equal to 40% of all debt accumulated [and still on the books] by America's 44 previous presidents in the prior 225 years of the nation's existence.

The graphic at right shows the federal government debt trendline ending at the end of the Trump Administration.

Trump Calls for the FCC to Revoke TV News Licenses - I Agree, but for Different Reasons

So why aren't the TV Networks newspeople informing the American public and telling people about this when the subject of the 'Trump Economy' arises?

Probably because they are too busy looking in people's backyards in Springfield, Ohio for non-existent bones of the dogs and cats that Trump told their TV audience were eaten by Haitian immigrants. Or because they just had to cover the Donald doing a photo op flipping burgers at a McDonald's, propagandistically showing he's a working man. Or because they've buried their ostrich heads so far in the ground that they can't get them out when it really matters. They've taken the nation along with them into the black hole of nothing-newsworthy-news.

Trump has repeatedly suggested that the FCC licenses of TV News should be revoked. While his reasons are that they didn't give him a sycophantic, slatheringly obsequious interview; one of my reasons is that they have been failing the American public for decades, by not presenting real news, and also when they do, it's not done in a fair and balanced manner.

But my primary reason is that they are not owned by, nor do they represent, the various demographic groups / voices in the nation. Like their news coverage, they put a glossy shine on the appearance of representation, just as they pretend to do real journalism; but when you scratch the surface, it becomes very apparent, that just as it's not real journalism, their broadcasts do not give voice to the various demographic groups within the country.